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Sunday, 09 October 2016

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Lankan delegation at WB, IMF meetings: The Commonwealth Finance Ministers’ Summit was held last week in Washington on the sidelines of the annual Meetings of the World Bank (WB) and the International Monetary Fund (IMF). Several world issues including the prevailing global economic crisis, the United Kingdom’s decision to leave the European Union and preparation finances to face climate changes were discussed during the meeting. Finance Minister Ravi Karunanayake also participated. The annual meetings of the WB and the IMF also began on Friday. Finance Ministers and top level officials of the finance sector from 189 countries participated. The Sri Lanka delegation also included Finance Ministry Secretary, Dr. R.H.S. Samaratunga and Central Bank Governor, Dr. Indrajith Coomaraswamy.

Indian business consulted on removal of quotas for SL

Indo-Lanka trade talks:

The next round of talks on the proposed new economic agreement between India and Sri Lanka is mostly like take place in Colombo next month with India having committed to consulting its own industries on removing quotas, such as on textiles, in the existing free trade agreement at the latest talks in New Delhi.

 

SriLankan Airlines: December talks with investors

Mismanagement investigations to continue :

The government aims to start negotiations by December with the shortlisted investors interested in running SriLankan Airlines, State Enterprise Development Deputy Minister Eran Wickramaratne said. The government’s call for Expressions of Interest had responses from about nine parties, he said.

 

FinMin visits Barramundi farm

Finance Minister Ravi Karunanayake visited Oceanpick’s commercial scale oceanic Barramundi farm in Trincomalee, during his visit to the Eastern province to discuss budget suggestions with SME entrepreneurs. The Minister met General Manager of Oceanpick, Fazli Nayeem, and Farm Managers Daniel Richardson and Fayas Buhary.

 

Planters say no decision yet on wage hike

The Planters’ Association of Ceylon, the umbrella organisation of Regional Plantation Companies (RPCs) said no final decision has been taken on a wage increase for plantation workers as negotiations with trade unions are continuing. The Planters’ Association President Sunil Poholiadde said ,

 

 


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